europe, 70%, 80% is when you start to see negative impact. that hurts everyone and all of our live lie hoods. when you get 95% of the gdp when it starts to have disasterous impact. >> wealthy are in focus for this fiscal cliff deal but based on what we're talking about here today, charles, you believe your average american family, regardless what happens with this deal or not, will be affected when by some of these higher interest rates or higher inflation you see coming for the country? >> absolutely. even without this, just with some taxes coming in, associated with the new health care law and other things, we're talking about people paying taxes on what they call, unearned income, which is misno, ma'am ir. obviously money you got to invest in that restaurant or invest in the stocks was earned in the first place and you're taking a risk. if you pay taxes on rent, as person paying taxes guess who will pass the cost along? i will pass along to whoever is renting from me. jenna: when you see this, we go back to the high inflation, some other i